Actuarial Science

    Actuarial Science

    Duration4 year(s)
    Tuition Fee
    CAD 31,349 / Total

    Actuarial Science

    About

    Actuarial Science scholars ask questions such as: How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments?

    Actuarial Science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.

    Program highlights

    • Collaborative team work - Interact with your peers while learning to collaborate on projects.
    • Practical research opportunities - Gain hands-on experience learning techniques and using tools to address real-world issues.
    • Mentorship opportunities - A formal or informal relationship where you connect with, and learn from, an established professional.
    • Honours Degree - In-depth study of a specific topic completed under the supervision of a faculty member.

    Disciplines

    Faculty of Science

    Requirements

    Entry Requirements

    Required courses for admission

    English

    Alberta Math 30-1 or equivalent

    Two of: Biology, Calculus, Chemistry, or Physics

    One approved course or option

    Additional admission details

    All applicants must meet the English language requirement to be considered for admission.

    Mathematics from the final year of study of the academic stream may be used as two distinct approved subjects (Mathematics and Calculus).

    Students are encouraged to take high school courses related to their intended major, some courses not required for admission may be prerequisites for first-year courses.

    Only one of Art, Dance, Drama or Music can be used in calculating the admission average

    Equivalent International Baccalaureate (IB), Advanced Placement (AP) courses or previously completed SAT2 subject tests are accepted.

    English Requirements

    • PTEMin 60
    • IELTSMin 6.5
    • TOEFLMin 86

    Career

    Career opportunities

    ​Actuaries have global opportunities to work in areas such as:

    • insurance
    • employee benefits and pensions
    • quantitative finance
    • management consulting

    A degree in Actuarial Science can also be used as a stepping-stone to graduate studies or another professional degree such as law, medicine, veterinary medicine, or architecture.

    Fee Information

    Actuarial Science

    University of Calgary

    University of Calgary

    Canada

    Canada, Calgary